Masco price target raised to $64 from $62 at Barclays

Barclays analyst Matthew Bouley raised the firm’s price target on Masco to $64 from $62 and keeps an Overweight rating on the shares. The analyst increased estimates post the Q1 results. Investors will view Masco’s unchanged fiscal 2023 guide as "incrementally more conservative" given the notable margin performance in Q1 across both Plumbing and Decorative Architectural, the analyst tells investors in a research note.